Thursday, October 2, 2008

On the edge

The thinking that started with the "Create Moments" now rests as my holidays in USA. DO let me know what all you feel about all these shows. I share views with so many other students of the subject that - these new thinking ways will prove to be most cost effective rediscovery of timeless values for helping us for a fulfilled life. I see lot of coincidence for me in getting the most complex turmoil resulting from the rigid thinking ways - the market meltdown. I feel confident that such thinking ways alone can bring newer comforts and satsifaction in human life. Wish you all the best.

My US stay was absorbing. So much of travel - more than India to US and back - it was all very good experience. My son Salil and Kavita had p[lanned it all in adavance. Reading and spending time on those themes was further enjoying activity. Since there is phone calls and visitors I could spend time I felt enjoyable and that is the reason I may nor be in a position to spend such time back home.


On The Edge
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Sunday, September 28, 2008

Market Meltdown in USA - Economic Bail Out – a thought model

Readings as a visitor in USA Summer 2008
Market Meltdown in USA
Economic Bail Out – a thought model

Before going further it is necessary to have a look into the total numbers about the US economy.
US Economy Bailout
The US Budget Estimates Budget Totals (Dollar amounts in billions)‏

US $ 700b bailout (now estimated) is about 25% of annual revenue and about 4.5% of US GDP
CONSUMER PRICE INDEX: AUGUST 2008
August level of 219.086 (1982-84=100) was 5.4 percent higher than in August 2007.
If it is coming out of the budget, at what cost?
Health and Human Services ?
Defense?
Education?
Homeland security?
Agriculture?
Energy?
Veterans Affairs ?
National Science Foundation?
NASA?
Else from where it will come?
More budget deficit ( inflation )?
Yes, some are free to decide fate of those who are unable to decide, but suffer.

U.S. Treasury Secretary Henry Paulson has requested sweeping new powers for the Treasury Department as he seeks $700 billion in government funds to purchase troubled financial assets from firms facing a lack of liquidity or investor confidence.
..he hopes to see the U.S. economy through the crippling credit crisis this way.
..he has asked that there be no judicial oversight to the plan and that the Treasury Department have sole discretion over which assets should be purchased.
Can Secretary Paulson or all other president’s men achieve anything by reacting on symptoms?” “We have asked congress to do something huge in short time …” White House
Why when the situation is equally bad in other areas?
Around 2% annualized GDP growth
Negative saving rate
Inflation National debt closing in to GDP
High transaction costs
Reducing disposable incomes
Growing unemployment
Economic indicators
These indicators command more serious attention in so many areas for improvements in these.
The US insensitivity for borrowing originates like this
Govt Security Holding country
US $ Billion.

US Trade deficit partly financed this way. Above is external debt
Recent internal debt is in addition to the external debt mentioned above .
Feel good or populist solutions will just borrow some time…
As seen above, so many things need real correction.
Make or Imports
Employment
Trade deficit
Bailout as initiated will just help credit system to survive to keep markets pulsating and keeping problems in place. With most of current income discounted for living the way most people live.. by discounting the future
Wiser will find their savings and investments their values reducing …
The real purchasing power is scarce to keep markets stable – then from where growth will come?
….how many can buy durables, cars and houses if credit cards /loans are not available?
… how many people will come forward to buy houses?
The answer is obvious – very few.
Then how the operating manufacturing companies / shoppers will remain profitable?.
Look at some news contents

“September 24, 2008 - The nation’s home builders today called on Congress to move promptly to enact the emergency financial rescue plan proposed by Treasury Secretary Henry Paulson that is designed to stabilize worldwide financial markets and restore consumer and investor confidence in the U.S. economy. “

“… investors are holding units they would like to unload if they could -- just take a look at the condo inventory, which jumped to a record 769,000 units in July (’08)‏”

“..the situation commands to deal with the cause of causes, if USA wants to remain strong and retain its strengths.”

“…since lenders do not like to hold property, they won't hesitate to dump houses on the market as fast as they can -- and since they've shown they are willing to write assets down to virtually nothing “
Criticizing is simple, but it is too late now!
Clarity and sense of direction is the need of the time for lasting solution.
A good thought model is desperately needed. It MUST evolve from the diagnosis and prognosis – with focus on causes and cause of causes.

Lets build up the model – at least we can correct what we can.. to help and contribute….
Inviting sincere, honest and purposeful thoughts from stake holders to build a solution model is a process – a simulation with real life data and indicators.
Fortunately the American spirit has proven itself time and again by achieving good results out of impossible conditions. The current situation is too precious to be an exception.
Does not matter how others defines the urgency - such solutions will take time to get built up.

Time of suffering is the real cost for something wrong of this magnitude as such problems, unfortunately, can not be dealt with in one go.
No one can have real insight of the complexity when so many failures are getting exposed and we are looking at them post facto.

We may need to assess the larger impact
It is always possible to take ‘problem solving’ as opportunity to create something better that was not there to begin with.
So let us split the problem- break it down. THINK There is always a better way of doing things.
Let us look at some of the variables involved.
This is the demand side

Let us try to find out
Who amongst the above
-have borrowed and paying regularly? -have borrowed and likely to default? -will buy houses at disposal? -can buy and borrow with some equity of their own?

“WASHINGTON (MarketWatch) -- U.S. home builders sharply reduced the number of new homes starting construction in July and dropped the number of new single-family permits to the lowest level in 26 years, the Commerce Department estimated Tuesday. Housing starts fell 11% to a seasonally adjusted annual rate of 965,000 in July,”

…a common sense approach - deviating from the normal accounting / valuation norms – calls a look at the collateral values on real time basis – replacement cost basis. Let us start from “Point Zero” as if this is the problem and cause of real problem.

If we mix up with the Wall Street problems this stage we may get distracted. So we start with solutions on this situation.
…knowing real asset values and losses incurred by the lenders can bring us out of box.
…it is one way of looking at the problem
…forget what the books say while visualizing a thought model.

Forget they were built earlier and have problems – just forget.
This is useful as the loss in value of collaterals is a function of demand / supply gap in the first place and secondly it is also in finding credit worthy buyers – which are the real causes for the present scenario. These factors need correction for future solutions.
Why there is a lower credit worthiness?

Unemployment, No savings, already discounted future earnings – all leading to lower equity in houses
This needs to be corrected in the real bailout process. This is a big job by all means -even at cost of US$ 700 billion with no solution for the future.
How many are looking beyond present?
Do not you feel looking at the future problems and solutions are essential?

The U.S. government has taken control of mortgage giants Fannie Mae and Freddie Mac. It will arrest a failure of those institutions, but how this activity will remain healthy.

People do need houses, but some are unable to pay for them effectively.
What’s the purpose of committing huge resources ahead of time? How much of house building is funded by borrowings? Why a wrong judgment in this information age?
Is it Greed? Is it hurry?

One thing is certain - All wheels of this vehicle are not running at same speed – so where it will lead?
Is this a beauty of free enterprise and free economy?
Do we have initiatives to correct or market alone will do this job?
No still there is government and election coming on. Some action must be taken – urgently – but an effective action – a real correction.

Realizing the best value for immense number of existing housing and business properties is a major part of the solution – to protect the bank assets and synchronizing speed of new constructions of such properties is essential.

The losses the lenders face is because of a mistake - absence of real selling and lending function. Both builders and lenders are responsible for this. This needs to be corrected.
In a market economy each will think of their own interests first, but each one must concede something for the normalcy.

Can, between themselves, these forces will work it out on their own?
No still there is government and people’s representatives are struggling even at week end.

With election coming on, urgent action is essential – but they also know it has to be effective action – a real correction. Pray god they remain uninfluenced by lobbyists.
To visualize the fragments of thought model lets start thinking loudly.

Find credit worthy buyers for foreclosed and new properties.

Leasing some of these properties for good rentals. This may also apply to doubtful mortgages to emerge.
Accelerate the process by making these investments attractive by tax incentives.
Tax payers put up their money in properties and gain out of it too!

Objective set must be like
Leveraged tax concessions for shorter budget deficit.
Private sector execution with close oversight . Motivated long term economic consolidation.

Builder buyback of ‘tinted’ properties, with reasonably priced soft credit has to be seriously considered at this stage.

It is real function of ‘industry’ to care about its high inventory of ‘products’ and not the responsibility of lenders and government – and this is a MUST in free economy. It is not a centrally controlled economy where government is the ultimate solution provider.

Let us not forget it is builders’ erroneous judgement which has snow balled in to this situation.

It is unpopular decision but most sensible under given situation. However, it is better for monitoring and better follow up action for real solutions. The builders are real big stakeholders for times to come.

The US government has enforced a new housing bill to offer tax benefits to first time house Buyers. This can be modified to cover second home buyers and rentals to introduce mutuality of interest and minimizing federal involvement for direct taxpayer involvement in bail out.

Cleaning lender books with added moratorium is a good way.
The cash degeneration of lenders due to bad mortgagees till a cut off date should be replenished by “Bail Out”. May be as equity or quasi equity so as to retain the ‘private’ ownership till the things turn the corner – whatever time it takes – but with conditionality's about cap on executive remuneration and proper accountability, management changes if necessary.
A blanket buy out of bad debts will add to continuation of old ways. Even the congressmen and decision makers are afraid of this – what a confidence in the money managers!
This way money will be bit scarce but at least this way frenzy spenders will realize its real worth. They will try to earn it before they spend and not simply borrow and spend - they will realize that the borrowed money needs to create some values to cover more than the cost of borrowing.

The ‘money managers’ will think down to earth to find profits with limited resources and will learn not to overplay through ‘derivatives’ route.

“Derivatives” are parasites and have killed big and small with one bad judgment. ‘Derivative’ as concept is a downward and vertical way of thinking – going deep in one direction. It focuses on more liquidity when minds are frenzy with profitability greed.

The situation is pregnant enough to inspire Edward De Bono or his disciples to coin a new term for this.

Derivatives are good options, but in highly exceptional conditions but not purposeful in the normal course.
For “Bonus” oriented money managers it proved to be curse.

Keeping credit lines open is essential for healthy normalcy in the economy – real purchasing power, real demand and bit of higher savings to fund the economy for growth.
But for this further and real growth is difficult.

Whatever we have seen so far is post facto way to correct the situation.

Real solutions lay in adding fundamental strengths in economy - controlling trade deficits – optimizing imports – everything, clothing, toys, electronics, cars, hardware and what not..

USA has forgotten the joy of market friendly productivity for the local market. Spirit of “be American buy American” is twisted for sectional benefit and not for economy and certainly not for the producers and workers in America. This brings in American competitiveness in the pictures.

Somebody must start conceptualizing this aspect – globalization, national advantages, outsourcing and hyper sensitivity within the economy.

Americans are known to innovate; others exploit knowhow to compete with Americans.
It may be quality systems, Six Sigma, productivity and competitive advantage and what not.

Looking at future these still seem to be valid solutions – globalization or no globalization. If one removes something from the system, it needs to be replaced with something to keep people gainfully occupied.

What we see happening here now?
Other countries can produce so many things successfully; why not Americans?
I know they are not resigned from an ‘honest labour’ and sense of pride.

Yet why they want to enjoy a produce of other countries where men, women and children work in work in ‘inhuman’ conditions.
Where are the people who fight for the human rights of ‘terrorists’?

Do Americans need a renewed commitment to help their country remain stronger?
People need to ask these and such questions to themselves.

Creating more jobs and a competitive advantage is THE real long term solution.

Some areas which are left unattended and undecided are - Energy, offshore / onshore petroleum, refining, steel, public works, infrastructure, energy efficient communities with network of public transport, affordable housing designs.

Tax encouragement for savings and empowering more demand is like riding on two horses running in opposite directions – but an evolving equilibrium is needed badly.

Remember they did it differently in Great Depression. That time government invented the work to circulate money in the system – THROUGH PEOPLE and not by bailing out institutions.

The PEOPLE know what they need and for what they are willing divert their own money and not the sophisticated, aggressive marketing function. Marketing is not a bad thing, but look what they created - a superfluous thing – a bubble – an unfounded confidence to buy a dream with weaker financial fundamentals.

A Good thought will always overcome the adversities.

Visualization with a salute for American Spirit

http://www.contrarianprofits.com/articles/700-billion-bailout-still-loaded-with-uncertainties/5616
http://www.nahb.org/page.aspx/ NAHB Builders Call on Congress to Pass Treasury Rescue Plan.mht
Office of management and Budget/Budget of the United States Government, FY 2007.mht
Household income in the United States - Wikipedia, the free encyclopedia.mht
Internal Revenue Service - Wikipedia, the free encyclopedia.mht
Pent-up supply now holding housing back - MarketWatch.mht

The Bulls - A Mind Set - Part 2

I was uneasy about the way the realities were evolving. I know mostly governments guard the ways the bitter realities come out to avaoid shocks and fall outs. But this ,I felt, needed an exception. The financial meltdown is going to affect practically everybody - now, today, tomorrow, day after tomorrow. Such catastrophic events highlight a fact that even in collective undertakings we have not yet perfected the self correction mechanisms. It can be understood if one single person makes a mistake and unable to correct himself; but in businesses where cream of gretest Universities is absorbed, when they enjoy the greatest life and financial security one would not have dared to dream - forget their real role as a team members - they fail to keep sanity on rails, respect the trust people have put on their abilities. It has been happenning - but when it happens we fail to respect a lable of ' intelligent animal'.

One can understand a mountainier taking a risk beyond life, but a business executive who is handling 'trust', not money, needs to think hundreds of times. People have no alternatives, they have to survive as it is demanded, they go on accepting these experiences as part of life. It does not matter what people call it - pesimist, run of the mill fellow - it does not matter and it should not matter.

I have been constrained by numerical ways to express myself. I needed some soul to put it in words and I will always remain happy that Anny responded positively and did a finest job.

The slideshows seems to be superinfluenced by web linked, pictorial ways and associated subjects. To me each slide allows viewer to dwell on the slide's core content for time he or she requires. Next slide is usually linked with last one and a message gets built up. It can very well be a entertainment medium, but it can also be used it for self learning. Anny took it near to that object. I am happy she poured herself in it - I do not know what is her background - for me that is immaterial - she is a best person - product of this time and aspiration to go beyond. I always tell her that ,'I will not wish her best luck', the reason she does things from heart and preparedness she does not need luck to achieve what she wants to achieve. She will always do it what she desires.

The Bulls Part 2
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The Bulls - A mind set

The Bulls
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How transperant is " Transperant"?

The Bullfighters
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Market Meltdown in USA; A thought model for solution

This is a subject which deserves pages and pages of plans. But I think this is enough to begin with. Like a man sitting and looking from rear window - objective look at the situation always helps

Bail Out
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Sunday, September 14, 2008

What people say about "Pursuit"

Whenevr I read a cooment on a show I try to judge how far I could reach to that person on the subject I chose.

What an interesting analogy on the thought process of the human mind .. one has to be very methodical to put this process in such eloquent terms .. the images of car lights on a highway at night taken yourself in just amazing .. Prakash your mind has to be very well organized to put this presentation together .. I really enjoyed this journey with you >>>>>>>>Spider :)

The graphic step by step advancement of the theme reminds me of the upanishads (books of Indian metaphysics.) The camera work of abstract art is really wonderful. tnx 4 sharing.

posted by SRINI
Very original research. Keep the fire on so that it ends in a breeze of cool wind.

posted by vedanti
WOW! Thanks Tanksons for sending this link to me. Very well written. I read it like a poem and it made lot of sense. Thanks again for sharing.

posted by jayparkhe
Prakash Sir, thank you for this wonderful, inspired presentation. Here is to the power of the inquisitive mind, the desire to explore and achieve evermore closeness to the creator.

posted by amimar77
very nice photograph work well done , very good choice for your tellings;;; you too now no download, not a problem for me,, take care and stay in touch !

posted by Karina.75
A really interesting point of view my dear Prakash!!! Wonderful wording leading to valuable conclusions!! Nice work!! Congratulations!! Thanks for sharing...

posted by ak85ka

Saturday, September 13, 2008

Pursuits - Thinking a Nano way

All the posts on this blog are linked with each other.The funny story about this show is that, in last week of August, '08 we went of NY visit for few days. While my son Salil was driving i was trying to get some pictures from the car. I presumed that the back light was enabled in camera, but it was not. After I saw the first feedback, I decided to continue that way thinking the pictures may be useful sometime in future.

After I transferred the pictures to my laptop, I saw a good combination of speed and light in all the night pictures. I felt that the flashes of light as sort of thoughts in human mind and the speed was a earnestness to achieve something. I Copied the pictures on a slideshow, cutting them, removing redundancy. Slept over it for a night and what you see in the show is a result of half of days work.

Nothing gets wasted, the pictures were appreciated and in fact for few moments I wanted to upload the show just with pictures naming it as 'My Mistakes'.
You see I keep on thinking.

Pursuits
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Friday, September 12, 2008

Moments - as They Come- Un announced

The Moments - as They Come - un announced
Mindfulness Helps to Deal with Adversities
This is my own experience - blessed by mindfulness to resolve real life issue.
As a finance person in medium sized grey iron foundry- struggling for consolidation, I was never known for the compassion and goody goody approach towards the people. My duties were mainly focused in faster liquidity, a tight purse and to fund the growth.
Managing Director came from out of state old unit with knowhow, experts and some business which the old one could not fulfill.

One fellow, expert, could speak only a native language, fearful appearance and rough habits one can have. He helped MD to set up production and training. Foundry was doing nearly 70% of business volume with brought in skills. Naturally he behaved like arrogant savior - but he never had any encounter me.

One morning MD told me - after salary revisions this fellow came to MD's home, hotly argued with him for sidetracking him - used rough language. MD's wife, who took care of the people her husband brought with him till they got settled, was terrified by the crude behavior and asked him out of home at once.

MD added he is all confused and wanted me to handle the situation, as I was virtually outsider. Having uprooted the fellow from his town, MD felt concerned for supervisor's future well being and was willing for any respectable way to get the fellow out of company without bitterness, without obliging him with his demands. Competitors were keen to have the knowhow was another risk and there were day to day problems of imbalanced production, value additions, deliveries and sourcing of inputs and so on.

I went to shop floor and asked him to my office. I offered him a cigarette and coffee. He was bit relaxed for importance given to him. I suggested him to go on leave till we decide about his future or he can come in and sit in my office doing nothing - cutting him off the operations to display we can do without him. He had lent so much of money to fellow workers and naturally needed excuse to be in a factory to collect the debts.

We executives used to take lunch together at noon. One of my colleagues was very happy for a new challenge thrown at me as I used to advocate turning adversities into opportunities in the company, he was eager to test me on my theories.. Moreover he needed this person for adequate intermediates for good production levels.

This was a tight rope walking - if I remove the fellow for good I would be responsible for inadequate intermediates, his continued presence was undesirable.

Next day the fellow came, sat in my office, declined the cigarette, drank cup of tea. Sitting there in my office he was getting restless, knowing me he was afraid of getting out on shop floor. After the lunch break, he asked me if he could talk to me. I said 'yes', he then started telling me all that he did for the factory, how in his community having no money or regular income is looked at, he has two kids, his poverty and so many such things. Knowing he cannot have a plain talk with anybody else, he started opening up and was judging my responses.

Middle age, in unknown land, language barrier, growing family responsibilities and hurt feelings had made him vulnerable. He was loosing his identity and worth as a skilled fellow - his trainees were doing better. I knew it very well - still his intermediates were needed to add at least 15% more value to our products. May be his absence will prolong the thin margins.


Next day he straight way asked me a sum of Rs. 50000/- so that he could resign and go back. It was his way of dictating the terms. I saw through him, his needs, aspirations and pains of going back from a growing business he helped to stabilize. He knew money he will get will never last for more than few months - still very vulnerable.

Mastering my memory and imagination I remembered many people re bouncing in such situations. I also put myself in his shoes. Then came a reflex action - I told him,'I will help you to be in a small industry - business, collect your debts, would you like it?'

He got thrilled and eager. I told him, I will help him to get space on rentals, provide equipments, materials, orders, good rates and weekly payments. He needs just to produce the intermediates, any quantities for supplying to us. He will be boss and control his workers, show his guts and skills to make as much money he can make out of it and earn a place of pride.

First, he could not believe it all, then asked me questions and then sensed a reason and honorable solution. We wrote down it all and signed it.

In any manufacturing company there is a technical and commercial divide, this was a technical solution from a commercial person. That day I shocked my lunch team with the news and proposal - all win solution. All liked it. MD told me that this has saved his face. We executed the plan. In first month itself value added products were 20% above normal, the contributions more than we invested to help the fellow to be a 'businessman' and it was a long lasting and pleasing solution. Indiscipline was removed and self motivated source was added.

Looking back I see it started 'outsourcing culture' in the foundry industry in our city and helped mushrooming subcontracting units.

Many think like this and grow; but do not realize when they stopped thinking creatively. The supervisor succeeded, became happy and entrusted business to his sons.

MD had to leave this organization unceremoniously; he was smart, but not enough to think afresh every day, every moment and in every adversity.

Many people fail like MD in this case, once they feel they have reached somewhere

Finer Analysis- Most unused of human faculties

Many of my friends who used to dislike my abstract writtings, started getting thru it , once it started getting more responses. It happens, when somebody is planning for life or years art of focusing on moments is more demanding. The fun is that you may deal with one single moment for hours together; but the process then goes on becoming sharper and sharper and one just goes on dealing with the 'real time' discipline. The skill lies in expanding your mindfulness and expanding the horizons. Nothing is simple, but to be able to discect and reconstruct is not out of this world. The concept of "nano' just revolves around this approach and its a matter of time that persons like me will not be treated 'out of place' or 'unduely ahead of time'

When Human assets are able to offer these faculties, it will be unwise to use them. Moreover, such discipline can be applied to host of matters in our life. My case study has created further reponse, I know people need to relate these abstract thoughts to their lives to make such discipline as part of their lives.

Connecting the Dots


I was just about to think for a suitbale picture for this blog, somehow, as if by a great coincidence I cam across the the following words, by no other than Steve Jobs- when he spoke to Stanford students in a commencement address on 12th June 2005.Steve says..
" I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, its likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life."


I strongly wish that you should go through his address
http://news-service.stanford.edu/news/2005/june15/jobs-061505.html

I think the picture can wait a little bit. I got the picture also. Look for such stories for yourself if you feel that you need to be convinced by others.

Thursday, August 21, 2008

Create Moments - A Case Study of the sort

The friends who discussed this show with me after loading it that I should have just included a sort of case study to make it easiler to relate the ways. Including case study woul have made the show much bulky, driving away people from it feeling some unorthodox thought. Again it is a question how many people do it, as everybody is very much possessive about the way one thinks, believes and acts. This way alone causes lots of mismatches in intensions, actions and consequences. After leaving schools or colleges most common people prefer to learn more from experience ( at greater cost than formal relearning)and they always confused about financial priorities - to spend on reeducation or some other personal choices. More surprising is that the corporations also think like this. Its a vicious circle. Any way ere is one, some others could also be there but the professional ethics comes in a way.

Create Moments A Case Study
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Create Moments - a Case Study of a sort

Create Moments - A Case Study
When we were discussing some of the comments by viewers on my slide show ‘create moments’ , my son asked me ‘Baba, don’t you think you are going more abstract in this one, though it makes sense apparently it would have been much effective with some case study.’

So I am discussing a case study. It is from my professional experience – though I have deliberately tried not to mix these two things so far, but in this case I think I owe it to each of the viewers.

One of my old well wisher thought he needed my help for his foundry unit badly and we started working together.

On the first day when I studied his Company’s balance sheets and performance for last couple of months and liquidity position, I understood my friend’s urgency – rather it was much late. It was really bad situation; the Company had lost more than half of its equity during last one and half year, mounted supplier dues compelling cash and carry purchases, resultant poor capacity utilization aggravated the problems and excess bank borrowings due to depletion of securities.

Today I remember, after nearly one and half month we started looking into the situation, when the preceding month’s performance was computed ( I did my own daily exercise for myself, short circuiting the old system), to everybody’s surprise there was notable improvement. It went on like that progressively and within year I was connected with the activity, the foundry was out of the red.

One day in second month the receptionist told me, ‘there is surprise for me’. As receptionists go, I thought it was to help me to start another better day.

After the tea meeting in the morning my friend beckoned me to stay back and over another cup of tea he asked me, ‘ ‘Prakash how you managed all this’
‘Manage what?’
‘Last month 2900 people visited you, in 26 working days.’ ‘And 10 hours a day’ I added. ‘Oh, that thing, you never expressed it to me, but situation demands it. Isn’t it?’
( my friend certainly had resource accounting methods in place and working)
‘Yes, you are right, it was badly required, but take care of your heart.’

There were 400 active suppliers and about 100 or so ex having stopped supplies due to payment problem. So I was meeting mind to mind to about 100+ persons every day and wrangling over only one issue – no not the money problems, but the normalization of supplies.

With whatever people knew about me many had a confidence that I will have some solutions for the situation, and the others caught with it fast.

You need to understand that these suppliers; more than money they survive and grow on faith, money is just a expression and measure of faith. Having committed lakhs of rupees, either they need money to circulate or in exceptional conditions at the least certainty about it. One who was engrossed, like my friend, in operational problems, customers ( who were also victims of erratic production ), quality, schedules, developments, workers ( the salaries were also erratic) and so on. In a medium scale industry rarely one takes the responsibility when nothing was clear to them.

When the past was diagnosed properly to provoke the relevant correction and materials were a major constraint, where in immediate past practically all suppliers were related to the problem, suppliers alone were having a solution – the consistent supply of materials. We needed just to convince them.

The suppliers which insisted on meeting me were taken into confidence and there was brief but frank discussion about the way out – different persons, different thinking and expectations, different language, tones, anguish and intensities; but yes we were having a positive access to their thoughts. Gradually, to display the earnestness, I arranged to keep cheques ready ( so no more arguments over the amounts being paid). Within a week material flow started moving in, activities increased and things started improving.

Idle worker is a most demoralizing factor in the factory. Parkinson’s Law comes into operation victimizing the future due to habituated low productivity and disregard for the quality.

All suppliers were subjected to ABC analysis and sensitivity to operations. Every person coming in to see me was given a confidence that we mean whatever we say but we need their co operation badly. Every meeting was planned, every word was created for desired impact, every rupee was judiciously leveraged, every promise was met, and through it every moment got created for us to provide an opportunity to unshackle the fate bound in ignorance and preoccupation of the people handling the situation.

Such homework, when it gives a positive and encouraging feedback, helps you create a scenario where a blend of commonalities and differences is brought into play. These scenarios then give you a strategies, solutions and success.

We did defer some payments where there was no reciprocation, but there was understanding but no ill will. If one can not help the process for reasons, one does not throw the spanner – it happens when minds are open and clear.

It was a turnaround and considering the magnitude of problem it was faster one. When we talked with the bankers, with this feedback and plans, the situation eased further. When insight adds confidence and one ensures a positive change things go on being productive by themselves creating a virtuous cycle. In our own open mind we found keys to the mind of the other fellows.

This is one case where I had to deal with the situation post facto. All this was done, in the mind, without pencil or paper and without rush of intensities. Though it was not a question of life and death for anybody, our identities as manages of resources and our own fate was at the stake.

I have a belief and lived with it that it is easy and effective to do such exercise before hand and not allow situation to go this bad.

However, every person, like my friend in this case, has his defendable priorities where balanced approach and practicality was the casualty. May be people in their earnestness want see some tangible results just to feel themselves at command. In business, where external services and planning are available, but who will find time, energy and commitment to ensure the desired outcome? Had all these already been therein the first place, the situation would not have been allowed to go beyond limits. If this is the case in business organizations, just imagine who will help individuals in such and similar demanding situations? And we know as individuals we all do face such problems.

Here the classical human approach comes into picture – either people resign to the situation or keep on fighting with their own sense of relevance and priorities accepting such situations and struggles just as a part of life. All the bookish knowledge and expertise is there but what can help disciplining the mind for practicable solutions, except for the mind of the people concerned.

I do not say the situation described above is something unique. So many people and numerous organizations have handled it successfully and come out of it and most of them have redefined their outlook towards business and life.

We need to learn from these successes and make such case studies available for people who – today or tomorrow - are expected to handle major business resources, take decisions and responsible for future of people dependent on it. Managing minds should be educated for identifying the deviations much earlier to prevent a built up which always calls for disproportionate and wasteful costs in the long run.

Organizations score over individuals as it has access to more minds, where the shared concerns and objectives can add real value better than that is added on machines, machining centers or assembly lines.

When one can visualize the vibrations in the situation, moments, substances, their force and directions nothing remains abstract. Every thing evolves in the mind first–and blooms in reality to be better than otherwise can.

My son knows it but he wanted Slideshare viewers to know it – from me.

Tuesday, August 19, 2008

Slide Shows - Summing Up

This is summary of all shows I created and posted. When the shows something common to link them with each other , I think, the emphasis is lost. Like Phillippe said It can very well be a book. But I think it may need working on all the thoughts all over again different words, arrangements, any way I will ask Philippe about this. I strongly if somebody does write a book with independent mind around these thoughts it will be good - i can do something more.

Summing Up
View SlideShare presentation or Upload your own. (tags: slideshare contest)

Readings on Dreams

After writting this I am unable differentiate how much comes from reading and how much I have added byself. Web has recently started adding strong emphasis to my thoughts. rather the thoughts are now getting connected to similar views on various subjects.

Readings In Dream
View SlideShare presentation or Upload your own. (tags: dream conscious)

The Borrowed Years - and plan to live them in fulfilled manner.

This story was in mind for over 45 years. I remember vividly as I heard it on Radio in some morning programm. The Sangli ( Maharashtra ) Radio Station had just became operative. I think every specific day there was a programme for such stories. In my early youth this story was deeply varved in my mind. I think, so far I never allowed myself to understand it in its true sense. I think age teaches to something - this story is one such example. See this, understand this and see how much out of this is relevant to your life. In my case it has certainly made a big differance. You see I am planning for each hour of my day, I have kep minimum of time to look at others where differances will appear prominently.

The Borrowed Years
View SlideShare presentation or Upload your own. (tags: creation life)





Friday, August 15, 2008

Ստեղծենք Պահեր /Create Moments - in Armenian Language


This is a translation by my young friend,Lilit.P Armine Ivanyan who did it in such a shortest time that I was surprised. But when I learned that she works in Jet age travel company the speed and neatness is obvious. In fact there is a studied opinion that the lnaguage is part of IndoEuropean family and now this effort is bringing them close.

Thursday, August 14, 2008

Creaz Momente - Create Moments in Romanian Language


This is another version - this time in Romanian Langauge. It is translated my netfriend Gabriela Craciunas from Romania. It has also got a good response. What seems to me that the wel read viewer and slideshow designers are willing to share this joy without confined into ownership ideas and doing something for somebody unknown. This is the spirit which adds weightaqe to these thoughts.

Crează Momente
View SlideShare presentation or Upload your own. (tags: within self)

Saturday, August 9, 2008

Create Moments Fr - A Translation in French


My friend on slideshare Philippe insisted that all shows should be displyed alongwith each other. So this is the show "Create Moments" in French.

Thursday, August 7, 2008

The Comments by Viewers - On Original show

Today is 7th August, 08 and by end of the day as many as 1285 people have viewed the English show, about 65 people have seen the marathi show and 131 people have seen the Spanish show.

These shows not necessarily reach to the people who need the thoughts, but if we look at the viewers as the representives of the total mass of people, we can understand the interest that these thoughts have created.

The discussions with the people indicate me that blogs in various languages and books can be a good media. I am thinking of a solution which can take these thoughts to the people so they can understand that they alone can do something for redressal of their problems.

Lets see.


I have never met these people, not I know their background and they have responded with their views on the slide shows which deal with need to do things differently.
If you feel this means something to be encouraged, I request you to sign up yourself on http://www.slideshare.net
You will come across so many beautiful and useful things in your life – it will enrich your life and ways.
I wish with the things I write in these shows to help people to make some good change in their life and thinking ways – a drishticone - a point of view - an outlook.
Very interresting presentation. S.
posted by sdeniau on Coins Of India
बधाई . टेक्नोलॉजी मेरा सबसे अच्छा करना चाहती है आप
posted by Athos on Kshan Banava
मुझे आश्चर्य है कि आपके विचार में कई भाषाओं को पढ़ा जा सकता है . Me maravilla que tus ideas se puedan decir en tantas lenguas.
I marvel that your ideas can be read in so many languages.
Je merveille que vos idées peuvent être lues dans de nombreuses langues.
Ich Wunder, dass Ihre Ideen gelesen werden können, in vielen Sprachen.
I θαύμα ότι οι ιδέες σας μπορεί να διαβαστεί σε πολλές γλώσσες.
Jag förundras att dina idéer kan läsas på så många olika språk. 公司認為你的想法可以看到在許多語言
나는 여러분의 아이디어를 경이의 여러 언어로 읽을 수있습니다.
I ihmettelemästä, että ideoita voidaan lukea monia kieliä.
posted by Athos on Kshan Banava
Brilliant! Here is the link to see and to vote on the Spanish variant http://www.slideshare.net/Athos/crear-momentos
posted by Lenze on Collaboration
Informative show! Hope we will preserve those coins. Heard that actual rupee in North India became rare. Was collected by some people because metal have more value than rupee itself. Is it true?
posted by Lenze on Coins Of India
It is so good to see that people work together - no matter from where they are, it should be an example for everyone. My best wishes to you and to Athos - Edna
posted by star_dust on Collaboration
Adorable collection with nice messages... voted up :)
posted by akashag1001 on Self Learning
tankson you are the win! it's slid's criete moments to you all my regards! pedro
posted by otsenrel on Create Moments
Beautiful family vacation ... your photos are amazing ... thank you for sharing them with us ... Spider :)
posted by spiderweb99 on Flowing Mountain
Congratulations once more that double the work! Beijos of Iara of Brazil.
posted by iarafagundes on Collaboration

Profoundly informative ... it all make logical sense ... I look forward to your next presentation .................................. Spider :)
posted by spiderweb99 on Narrow Minds
Congratulations on the meaningful and motivating presentation.
posted by ohteikbin on Narrow Minds
It's a very interesting lesson of life.. to plan what we have to do for a better life. After all, our life is a moment. The presentation contains some beautiful pictures as well. Congratulations. My vote for you. Camille
posted by Camille on Create Moments
Your work has a unique and inimitable style, and is always profoundly enjoyable. Many thanks Tanksons for sending this to me!
posted by grahairs on Narrow Minds
Congratulations Tanksons!!!
posted by Lenze on Narrow Minds
wow! what a presentation! no words to say.
posted by s181185 on Narrow Minds
That is an extremely interesting presentation with a lot of true in it. It is a pitty we can not download, Very nice work!!! I loved it!!! Congratulations!! Thanks for sharing with us all these beautiful slideshows of yours...
posted by ak85ka on Narrow Minds
Tanksons: Congratulation, excelent work you are wonderful with your presentation. Hugs.Carmen María.
posted by CMP on Narrow Minds
Great!!!!!!!! I downloaded and loved it!!! Congratulations indeed!!!! Thanks for sharing with us the wisdom of yours...
posted by ak85ka on Cause Of Causes
Wise words indeed Tanksons! I will save this show and review it from time-to-time. Best regards, Graham
posted by grahairs on Cause Of Causes
Very Nice Presentation Sir!!! As Usual You are giving me some good thoughts... Cheers - Shakil
posted by shakleon on Create Moments
Tanksons Congratulation, excelent work, beautiful images and right text.
posted by CMP on Cause Of Causes
Profound thought conveyed in the most lucid comportment! Simply awesome :-)! Viva. Cheers! AZ Melbourne.
posted by Afroz.Hudli on Create Moments
href="http://www.slideshare.net/tanksons/king-and-the-god">King And The God
Tanksons, I can summarize this its excellent presentation in few words: A TRUE LESSON OF PSYCHOLOGY. A good lesson to live. To know what and as to make. As to live better CONGRATULATIONS !!!! Hugs from Brasil. Diramar
posted by Diramar on Create Moments
My vote up and my friendship! From Holland, Doina
posted by doina on Art Of Thinking
Good from the beginning and till the end! Green vote! Doina
posted by doina on Creative Destruction
My: (1V+1O+1T+1E) U (1G+1R+2E+1N)= VOTE GREEN Congratulations! Doina
posted by doina on Create Moments
A fantastic work! Intelligent, interesting and… true. My vote..UP!
posted by Diramar on Creative Destruction
Up green for you!
posted by Diramar on Art Of Thinking
Significant message. Congratulations. I liked. Thanks ! Have a nice day! Diramar
posted by Diramar on King And The God
My vote is Up!
posted by alihadi on Art Of Thinking
When I was read the book of Joseph A. Schumpeter "Creative Destruction" in 1997 that was amazing book but your slides gives me extra value added points about internal harmony and external uncertainty in our routine life. Bravo! My vote is thumbs up.
posted by alihadi on Creative Destruction
A very good presentation, very deep, my vote for you of course.
posted by fridabibi on Create Moments
Well done my friend, we need to live in harmony, each internal change is hard but necessary if we want a best world. My vote for you.
posted by fridabibi on Creative Destruction
An excellent slideshow, my vote for you.
posted by fridabibi on Art Of Thinking
A very good message for us, thanks for sharing this slideshow.
posted by fridabibi on King And The God
Extremely intelligent and perceptive. Great thought has gone into this and it applies as much to organisations as it does to people. Just as there is sick building syndrome; there can be sick organisation syndrome. In all cases radical change is desirable and necessary. A building, a company or a person is built from the ground upwards. Best wishes David
posted by DavidBristow on Creative Destruction
You have a slide of very good taste, it was magnificent, I liked a lot. Congratulations. kisses of Iara of Brazil.
posted by iarafagundes on Trees
Brilliant - superb - beautiful... = vote 'UP' Congratulations Tanksons!
posted by grahairs on Creative Destruction
Tanksons: Great advice with nice philosophical messages! Gets my vote 'UP'. Best wishes from Graham
posted by grahairs on Art Of Thinking
Nice work Tanksons! Enjoyed very much! Graham
posted by grahairs on King And The God
Thanks for sharing the presentation. There are good LIFE LESSONS. I could use the story in my Community Classes.
posted by ohteikbin on King And The God
Wonderful indeed!!! Very great my dear!! I loved it!!! Congratulations!!! Thanks for sharing...
posted by ak85ka on Kshan Banava
Hoi Tankson. Yes this is serene and beautiful. My green vote is yours and my good luck to you also. Greetings from Wim.
posted by newim on Create Moments
Hoi Tankson. The text is ????????????????? for me but it is beautiful to see it. And in combination with the pictures it is just a very good show. Thank for the sharing of it.
posted by newim on Kshan Banava
Very thoughtfully created..and you managed to make it interesting,too. Bravo! -PD Deshpande
posted by pddeshpande on Create Moments
Wonderful and meaningful at the same moment. Congrats,Tankson! -PD Deshpande
posted by guest69a356 on Create Moments

Very deep message! Thanks for sharing.
posted by saranyan on King And The God
the images ... the message ... is so full of insight ... you most definitely have my vote with this presentation ... Bravo tanksons.............................. Spider :):):)
posted by spiderweb99 on Art Of Thinking
Great message presented in such a unique way!!! Congratulations!! Fantastic work!!! Thanks for sharing it with us...
posted by ak85ka on King And The God
This is a nice story. I love it. Thanks for sharing. Greetings, Ren
posted by renn on King And The God
Tankson: Congratulation, excelent work, beautiful images and context.Hugs Carmen María
posted by CMP on King And The God
Deep meaningful message! Well done! Best wishes, Gabriela
posted by Buksi on King And The God
Vote 'UP' as for the other great slideshow. http://www.slideshare.net/tanksons/art-of-thinking-524891 http://www.slideshare.net/tanksons/create-moments
posted by Lenze on Creative Destruction
Very goods words of xisdom with pictures. So what? You get my vote 'UP'. Greetings from Phil
posted by Lenze on Art Of Thinking
Hi, I found this slide quite thought provoking. Great content and mindblowing aesthetics.
posted by prashant2210 on Create Moments
Excellent! This will be my future way of thinking :) Only deep meaningful words of wisdom come from India :)
posted by Buksi on Art Of Thinking
Deep reflection thoughts! It Impressed me. Congratulations :) - Gabriela
posted by Buksi on Creative Destruction
Congratulations for the wonderful and meaningful Presentation. You get my vote "UP"!
posted by ohteikbin on Create Moments
We definitely will!
posted by saranyan on Create Moments
The thing that impresses me most with your presentations is the way you bring the message out with the text. Very well done again!! :)
posted by saranyan on Creative Destruction
What a wonderful use of image and text! :) Well done. My vote UP!
posted by saranyan on Art Of Thinking
"Moments, like drops of water, come together to form our life stream." Adorable words and slides My vote up ,thanks for sharing.
posted by Helga on Create Moments
Mother Nature expects a Human to build the own life – with the values which provide criteria for Unity or Harmony, relations, Karma and consequences Bravo Bravissimo ! and my vote
posted by Helga on Creative Destruction
"When one is in harmony with the higher self, it is simply a beautiful experience that one will love from the heart. " This is Fantastic thanks for sharing this slides . My vote Up for all your works and thanks for your vist too. Hugs from Brazil Helga Helga
posted by Helga on Art Of Thinking
Very beautiful!
posted by JRCordeiroPPS on Create Moments
I LOVE YOUR WORK...MAGGNIFIQUE...YOU HAVE MY VOTE. GREETINGS
posted by 1950 on Art Of Thinking
Very deep and meaning ful words!! My vote up for you. Good luck - Edna
posted by star_dust on Create Moments
Beautiful! My vote up! Vili
posted by vili48 on Create Moments
What a wonderful slideshow is this my friend!!!! And the wording... MAGNIFICENT!! I loved it as well as I love all your work that is trully great!!! Congratultions!!! By all means an "up" vote for you!!!!
posted by ak85ka on Art Of Thinking
Congratulation, excelent work, with beautiful images and a lot of truth. My vote Up. Carmen María.
posted by CMP on Creative Destruction
A great presentation with a lot of truth in it! Well done my friend! Congratultions! Thanks for sharing with us... Definitely an "up" vote for you!!!
posted by ak85ka on Creative Destruction
Beutiful.. sohbet
posted by guest2246b6 on Create Moments
Very philosophical. Up vote from me. Best regards, Ren
posted by renn on Create Moments
Dear Tanksons, Lovely show - without hesitation it get's my vote 'UP'
posted by grahairs on Create Moments
this is too good Dad. this may invite many people to come to Manassas Battlefield Park. You should send this to Prince William County, as they are now struggling to keep the views of this park secure and safe as they where before.
posted by tanksale on Bull Run Park
THANKSON...I CANNOT SEE YOUR SLIDE BUT YOU GET MY VOTE. YOU HAVE ????? BECAUSE I CANNOT OPEN... YOU HAVE THE SLIDE BLOQUERD. I HOPE TRHAT YOU DESBLOQUERD FOR I CAN SEE THE SLIDE. REGARDS
posted by 1950 on Create Moments
In a few words... MAGNIFICENT!!!!! I loved it! Congratulations my friend! Thanks for sharing this incredible work of yours with us... Definitely an "up" vote for you!!!
posted by ak85ka on Create Moments
Well done again friend. Just a thought, how about adding m3 as an alternate moment to the one that exists, one that represents luck or chance and ads another dimension to your matrix. It takes great wisdom to see the value in each moment, or each particle, which contains the universe in itself. At our current level of knowledge, to maintain such awareness takes huge amounts of energy. Once again, well done.
posted by guestd4b826 on Create Moments
Hi tankson, Very thought provoking messages. Thanks for sharing and I added my vote as well.
posted by jelina on Create Moments
so deep and meaningfully ... you have my vote .................. Spider :):):)
posted by spiderweb99 on Create Moments
Tanksons: Congratulation, excelent slideshow. My vote up.
posted by CMP on Create Moments
Hey you really create a moment you desire with this beautiful slideshow :)
posted by Lenze on Create Moments
Very touching and sensitive! It's a pitty we can not download it! Congratulations for this fantastic work of yours! Thanks for sharing it with us

Crear Momentos - a Spanish Translation

First of its kind - a collaboartion - Spanish Translation by Athos from Argentina


Athos, is equally active person - Professor and SlideShow creator, like Philippe and Gabriela. I made first request to him and like a good Spaniard he did before I expected one to do it.